Get started
breakoutfakeout

Buy the fakeout of gold 15min ma's bullish

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
breakoutfakeout Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Technical Indicators Chart Patterns Gold goldtrading Silver S&P 500 (SPX500) SPX (S&P 500 Index) BTC
2
2
trendanalysis indicator chartpattern gold goldtrading silver spx500 spx btc
Here is another potential fakeout of the rising wedge reversal pattern, a good place to enter longs on gold.

Even though the hourly moving averages are bearish, 15 min moving averages are way too bullish.

snapshot

Gold is still trading above its long term trend line and we can expect it to go higher whilst this trend line remains intact.

Leave a like please and i'll keep posting updates.
Trade closed: target reached:
Update- day trading profits all taken at $2005, looking for re-entries
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




Telegram coming soon.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.